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How CEO Protection Shapes Corporate Debt

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What happens when CEOs are shielded by employment and severance agreements? Researchers from Singapore Management University, University of Hong Kong, Boston College, and led by Dr. Xia Chen put forward this critical question.

The study investigates how CEO contractual protection impacts corporate debt contracting. With insights from a comprehensive analysis of loans from major publicly traded companies, the team explore how these protections can influence CEO behavior, risk-taking, and the financial terms imposed by debt holders.
Read the original research: https://doi.org/10.1111/jbfa.12664

  continue reading

440 episode

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How CEO Protection Shapes Corporate Debt

ResearchPod

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Manage episode 447611059 series 2680968
Konten disediakan oleh ResearchPod. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh ResearchPod atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

What happens when CEOs are shielded by employment and severance agreements? Researchers from Singapore Management University, University of Hong Kong, Boston College, and led by Dr. Xia Chen put forward this critical question.

The study investigates how CEO contractual protection impacts corporate debt contracting. With insights from a comprehensive analysis of loans from major publicly traded companies, the team explore how these protections can influence CEO behavior, risk-taking, and the financial terms imposed by debt holders.
Read the original research: https://doi.org/10.1111/jbfa.12664

  continue reading

440 episode

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